Nomura Lists 9 'Grey Swans' for 2019
Nomura's FX team, led by Bilal Hafeez, posted a list of 9 'Grey Swans' for 2019:
Shock 1: End of populism
Shock 2: Oil price plunges to $20/bbl
Shock 3: The big market quake
Shock 4: Italian renaissance
Shock 5: EM deflation
Shock 6: CNY comeback
Shock 7: Global growth takes off
Shock 8: Deflating euro area
Shock 9: Inflation sonic boom
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